Oil news
Robots Are Quietly Building the Future of Renewable Energy
As technology continues to improve, many renewable energy developers are increasingly using automation to develop commercial-scale projects, such as solar and wind farms. Tech companies have made significant improvements to artificial intelligence (AI) and robotic equipment in recent years, with different types of robots now available to perform a wide variety of tasks. This is reducing the burden on humans in the development phase of new renewable energy projects, with robots now capable of conducting tasks that may be dangerous for people to…
Categories: Oil news
Britain’s Renewable Energy Glut
The United Kingdom has been rapidly increasing its deployment of new renewable energy capacity in recent years, to the point that it now has some to spare during peak production hours. While the U.K. gradually increases its battery storage, the government is encouraging consumers to use more electricity during certain times of the day to help shift reliance away from fossil fuels to green alternatives. Consumers are being asked by the government to use high-consumption appliances, such as dishwashers and washing machines, as well as electric vehicle…
Categories: Oil news
Trading Desks Boom While Big Oil Output Stalls
Europe’s supermajors are set to report a strong quarter later this month and in early May thanks to their trading divisions. While Big Oil does not report trading profits, BP, Shell, TotalEnergies, and Equinor all signaled they are making a lot of money on trade with oil and gas in what some say is the worst supply crisis in history. Shell was the first to flag “significantly higher” profits from oil and gas trading in its financial report for the first quarter of the year. The company attributed the expected windfall on the extreme…
Categories: Oil news
Europe’s Energy Problem Isn’t the Transition—It’s That Europe Never Finished It
By now, a familiar narrative has returned to Europe’s energy debate. The transition, we are told, went too far, too fast, and too blindly. Politicians chased climate headlines, imposed unrealistic targets, burdened households with costs, and pushed industry toward the exit. It is a compelling story. It is also the wrong one. Europe’s real mistake was not moving too quickly on clean energy. It was moving halfway. We invested in renewable generation, but underinvested in the grids, storage, flexibility, and electrification required to…
Categories: Oil news
Hydropower Is Making a Global Comeback
As governments look to diversify their energy mix by expanding renewable energy capacity, many are turning to solar and wind power. Meanwhile, hydropower is often overlooked by countries that do not have a tradition of hydropower production. With the ongoing conflict between the United States, Israel, and Iran, the price of fossil fuels is being pushed ever higher due to severe shortages of oil and gas. This is encouraging governments worldwide to assess their energy security and consider developing various energy sources to support greater diversification…
Categories: Oil news

